Pics of us doing the project.
Doing journal entries.
Discussing about the theory questions.
Wednesday, July 15, 2009
Difficulties
There are problems faced when doing the project, be it trivial or serious. Many of us faced difficulties in doing the entries and its not because we don't know how to do but we had different opinions about it. Asking around different groups and getting different opinions is one frustrating thing we had to face. Thus this project really gave us a chance of expressing each individual way of thinking and we can learn from each other.
Of course we do not have all the time in the world to do our project as there are times we had to leave unwillingly because of classes and the 2 labs are always full. There are cases of virus in lab 9 too! Trojan horse detected!
And for my personal difficulty would be my time management. Honestly I did not went for all the group meetings because of my CCA commitments and camps. Trying to cope everything has been a challenging task for me during that period of time.
Strengths
Personally, I feel that our group has been on the right pace. We are neither fast nor slow. We were very prudent with our entries and making sure that everything has been processed properly before moving on the next phase of the project. Everyone did what they are supposed to do.
Contributions
Everyone of us did have a chance to do abit recording of transactions (AP, AR invoices, receipts entries) for us to practice. Of course there are main jobs being allocated to everyone. For me, I did the opening balances of the GL, creating accounts, processed recurring entries and occasionally supervising the what my groupmates do, making sure that there are no honest errors.
What I have learnt
This project gave us a good experience of what an Accpac software can really do. We are exposed to many skills such as learning how to setup AP, AR, GL, processing entries, creating accounts, doing void cheques and many more. I have learnt how convenient a computerised accounting system is than to manual processing. I am sure that this project will benefit us when we enter the accounting workforce.
There are problems faced when doing the project, be it trivial or serious. Many of us faced difficulties in doing the entries and its not because we don't know how to do but we had different opinions about it. Asking around different groups and getting different opinions is one frustrating thing we had to face. Thus this project really gave us a chance of expressing each individual way of thinking and we can learn from each other.
Of course we do not have all the time in the world to do our project as there are times we had to leave unwillingly because of classes and the 2 labs are always full. There are cases of virus in lab 9 too! Trojan horse detected!
And for my personal difficulty would be my time management. Honestly I did not went for all the group meetings because of my CCA commitments and camps. Trying to cope everything has been a challenging task for me during that period of time.
Strengths
Personally, I feel that our group has been on the right pace. We are neither fast nor slow. We were very prudent with our entries and making sure that everything has been processed properly before moving on the next phase of the project. Everyone did what they are supposed to do.
Contributions
Everyone of us did have a chance to do abit recording of transactions (AP, AR invoices, receipts entries) for us to practice. Of course there are main jobs being allocated to everyone. For me, I did the opening balances of the GL, creating accounts, processed recurring entries and occasionally supervising the what my groupmates do, making sure that there are no honest errors.
What I have learnt
This project gave us a good experience of what an Accpac software can really do. We are exposed to many skills such as learning how to setup AP, AR, GL, processing entries, creating accounts, doing void cheques and many more. I have learnt how convenient a computerised accounting system is than to manual processing. I am sure that this project will benefit us when we enter the accounting workforce.
In overall, the project has been a tough and challenging journey for me and my groupmates. We been through countless of project meetings, ensuring the transactions are processed correctly and of course, sharing different ideas with many other groups.
11th June 09
We started our CAS project on this date. All of us came down and did the necessary setups of the AR, AP and GL. We also discussed and delegate the different jobs among ourselves. I am in charge of setting up the GL and creating its opening balances and doing the recurring entries.
12th June 09
We did the opening balances of AR, AP and GL. We decided to call it a day after that.
16th June 09
Our group processed the double entries in the GL batch list. The entire process was really time consuming as we had to ensure that the entries are processed correctly and making sure that no entries are left out. Well many of us were afraid that the transactions are not correct, thus having to redo sometimes.
1st July 09
We did the AR, AP invoices receipts and payments. My role for this day is to read out loud the transactions and details (e.g. customer name, transaction values) for my groupmates to key in the entries. Of course, I did missed out some things.....Oh i felt so guilty! Phew lucky Chu Ying spot some mistakes for us....hahaha shes very prudent in doing things.
2nd July 09
I did recurring entries today and we spent most of our time keying the GL data entry form.
3rd July 09
We did the theory questions today, well me and Ren Han were argueing about the roles of the people in the Pinetree and the rest are also thinking hard about the question. We did a draft of our answers! Argh ya I had competition today!!!!!!!!
13th July
Yeap its been a long time since our group last met up to do our accpac because of tutorials and tests. We are on the way to finishing our project. Did some editings and found out some errors.
14th July
We finalised everything, doing void cheque, posting batches, checking our income statements and printing out the reports. Some of us did the editing of the theory questions. I think we are DONE! :D
11th June 09
We started our CAS project on this date. All of us came down and did the necessary setups of the AR, AP and GL. We also discussed and delegate the different jobs among ourselves. I am in charge of setting up the GL and creating its opening balances and doing the recurring entries.
12th June 09
We did the opening balances of AR, AP and GL. We decided to call it a day after that.
16th June 09
Our group processed the double entries in the GL batch list. The entire process was really time consuming as we had to ensure that the entries are processed correctly and making sure that no entries are left out. Well many of us were afraid that the transactions are not correct, thus having to redo sometimes.
1st July 09
We did the AR, AP invoices receipts and payments. My role for this day is to read out loud the transactions and details (e.g. customer name, transaction values) for my groupmates to key in the entries. Of course, I did missed out some things.....Oh i felt so guilty! Phew lucky Chu Ying spot some mistakes for us....hahaha shes very prudent in doing things.
2nd July 09
I did recurring entries today and we spent most of our time keying the GL data entry form.
3rd July 09
We did the theory questions today, well me and Ren Han were argueing about the roles of the people in the Pinetree and the rest are also thinking hard about the question. We did a draft of our answers! Argh ya I had competition today!!!!!!!!
13th July
Yeap its been a long time since our group last met up to do our accpac because of tutorials and tests. We are on the way to finishing our project. Did some editings and found out some errors.
14th July
We finalised everything, doing void cheque, posting batches, checking our income statements and printing out the reports. Some of us did the editing of the theory questions. I think we are DONE! :D
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